|07/11/16||Hercules Offshore, Inc. Announces Agreement to Sell the Hercules 267 by Hercules International Drilling Ltd.|
|HOUSTON, July 11, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (OTC Pink: HEROQ) announced today that its subsidiary, Hercules International Drilling Ltd., entered into an agreement to sell the Hercules 267 to an undisclosed buyer for $3.16 million. The sale is expected to close imminently, subject to the satisfaction of customary closing conditions.
About Hercules Offshore, Inc.
Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of jackup rigs and liftboats. The Company o... |
|06/06/16||Hercules Offshore, Inc. Files Voluntary, Pre-Packaged Chapter 11 Case to Facilitate Orderly Asset Sales, Maximize Value for Stakeholders|
|Company Expects to Continue Operations, Uphold Commitments to Stakeholders Throughout Process; Unsecured Creditors to be Paid in Full Under Chapter 11 Plan
International Subsidiaries Not Included in Plan But Will Be Part of Sale
HOUSTON, June 6, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) (the "Company" or "Hercules") today announced that, after receiving votes on the Company's pre-packaged Chapter 11 Plan (the "Plan") from lenders holding approximately 99.7% of the Company... |
|05/27/16||Hercules Offshore, Inc. Announces Transfer of Hercules Highlander and Execution of Restructuring Support Agreement|
|Orderly Sale Process Seeks to Maximize Value of the Company's Assets and Provide Smooth Transition for Employees, Customers and Suppliers
Unsecured Creditors to be Paid in Full Through Voluntary, Pre-Packaged Chapter 11 Case
Company Enters into Agreement to Transfer Former Hercules Highlander Newbuild Harsh Environment Jack-up Rig
HOUSTON, May 27, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) (the "Company" or "Hercules") today announced, following a review of its strategi... |
|05/05/16||Hercules Offshore, Inc. Announces First Quarter 2016 Results|
|HOUSTON, May 5, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today reported a net loss of $26.9 million, or $1.35 per diluted share, on revenue of $50.9 million for the first quarter 2016, compared to Predecessor net loss of $57.1 million, or $0.35 per diluted share, on revenue of $122.6 million for the first quarter 2015. Diluted weighted average shares outstanding for the Successor was 20.0 million shares for the first quarter 2016, while the Predecessor's was 161.1 million shar... |